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a Corporation provides the following information related to its merchandise Inventory during the month of...

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Accounting

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a Corporation provides the following information related to its merchandise Inventory during the month of August 2021 4.1 Thventory on hand 4.000 unito coat 10 sach. Purchased 20,000 units for 7.50 seh 14 Bold 16,000 units for $14.00 each 18 Purchased 12,000 units for $7.00 each 35 sold 15,000 units for $13.00 .ch 24 Purchased 6,000 units for $5.00 each 31 Inventory on hand-11.000 units. g calculations based on a perpetual inventory system, determine the inventory balance Atira would report in its August 31, 2021 nce sheet and the cost of goods sold it would report in its August 2021 income statement using last-in, first-out (LIFO) Inventory Balance Cost of Goods Sold August 14 Cost of Goods Bold - August 25 Cost of Goods Available for Sale Cost per unit of units in ending inventory Ending Inventory Cost of Total Cost of Goods Sold Goods Sold # of units sold Cont per uns petual UFO Cost Cost of per unit Goods Sold W of units sold Cont per unit Cost of Goods Available for Sale of units $ 3.10 0 $ 8.10 $ 0 32.400 $ 8.10 4,000 58.10 $ Inventory shases 750 7.00 520 7.50 7.00 5.80 7.50 7.00 5.8 TOTO 7.50 7.00 5.80 3480 34.60 6,000 5.000 150,000 84.000 34,800 301,200 ugusta ugust 18 ugust 28 20,000 12.000 6.000 42,000 $ O os 0 $ $ 0 0 $ al

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